When good enough IS good enough
One of my first mentors once told me, "Good enough is never good enough." Great advice. Perfection is not easily achieved. It takes commitment. It takes a level of persistence and stubbornness to reach the pinnacle of execution. But, perfection for the sake of perfection can be a false god. Obsession can blind you to the reason you seek it in the first place.
I have spent years watching clients try to perfect efficiency, streamline processes, maximize capacity and increase profit. And still, that's not enough. In spite of their managerial success, the margins continue to shrink. There are limits to the ROI in performance managment. When you are approaching 98% of perfection, there's not much left to gain with that last 2%. It doesn't eliminate competition.
When you reach this point, it's time to focus on the other end of the spectrum.
A "Blue Ocean Strategy" can shift your thinking from the incremental gains of a highly contested market space to uncontested space where gains are measured by miles, not inches.
Monday, April 23, 2012 |
Post a Comment | 
RSS Feed









